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Cenovus Energy (CVE) Competitors

Cenovus Energy logo
C$43.91 -0.03 (-0.07%)
As of 08/28/2026 04:00 PM Eastern

CVE vs. SU, IMO, CONA, BX, and ENB

Should you buy Cenovus Energy stock or one of its competitors? Cenovus Energy's main competitors and comparable companies include Suncor Energy (SU), Imperial Oil (IMO), Cona Resources (CONA), Biox (BX), and Enbridge (ENB). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "oil, gas & consumable fuels" industry.

How does Cenovus Energy compare to Suncor Energy?

Suncor Energy (TSE:SU) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, valuation, risk, media sentiment, profitability and institutional ownership.

Suncor Energy has higher revenue and earnings than Cenovus Energy. Suncor Energy is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Suncor EnergyC$60.73B1.75C$7.92BC$7.4912.16
Cenovus EnergyC$58.03B1.40C$3.69BC$3.6012.20

47.2% of Suncor Energy shares are held by institutional investors. Comparatively, 50.3% of Cenovus Energy shares are held by institutional investors. 0.0% of Suncor Energy shares are held by insiders. Comparatively, 32.0% of Cenovus Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Suncor Energy pays an annual dividend of C$2.37 per share and has a dividend yield of 2.6%. Cenovus Energy pays an annual dividend of C$0.82 per share and has a dividend yield of 1.9%. Suncor Energy pays out 31.6% of its earnings in the form of a dividend. Cenovus Energy pays out 22.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Cenovus Energy had 5 more articles in the media than Suncor Energy. MarketBeat recorded 7 mentions for Cenovus Energy and 2 mentions for Suncor Energy. Cenovus Energy's average media sentiment score of 0.80 beat Suncor Energy's score of 0.52 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Suncor Energy
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cenovus Energy
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Suncor Energy presently has a consensus target price of C$97.69, indicating a potential upside of 7.24%. Cenovus Energy has a consensus target price of C$44.44, indicating a potential upside of 1.20%. Given Suncor Energy's higher probable upside, equities research analysts plainly believe Suncor Energy is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Suncor Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.07

Suncor Energy has a beta of 0.176926, indicating that its share price is 82% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.1611, indicating that its share price is 84% less volatile than the broader market.

Suncor Energy has a net margin of 15.32% compared to Cenovus Energy's net margin of 12.37%. Cenovus Energy's return on equity of 21.02% beat Suncor Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Suncor Energy15.32% 19.38% 7.01%
Cenovus Energy 12.37%21.02%7.58%

Summary

Cenovus Energy beats Suncor Energy on 11 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Imperial Oil?

Imperial Oil (TSE:IMO) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, media sentiment, earnings, profitability, analyst recommendations, valuation and risk.

Imperial Oil pays an annual dividend of C$3.18 per share and has a dividend yield of 1.8%. Cenovus Energy pays an annual dividend of C$0.82 per share and has a dividend yield of 1.9%. Imperial Oil pays out 37.1% of its earnings in the form of a dividend. Cenovus Energy pays out 22.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Cenovus Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Cenovus Energy had 5 more articles in the media than Imperial Oil. MarketBeat recorded 7 mentions for Cenovus Energy and 2 mentions for Imperial Oil. Cenovus Energy's average media sentiment score of 0.80 beat Imperial Oil's score of -0.14 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Imperial Oil
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cenovus Energy
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Imperial Oil currently has a consensus price target of C$143.25, suggesting a potential downside of 21.00%. Cenovus Energy has a consensus price target of C$44.44, suggesting a potential upside of 1.20%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Imperial Oil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Imperial Oil
5 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.07

Imperial Oil has a beta of 0.39772, suggesting that its stock price is 60% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.1611, suggesting that its stock price is 84% less volatile than the broader market.

19.0% of Imperial Oil shares are owned by institutional investors. Comparatively, 50.3% of Cenovus Energy shares are owned by institutional investors. 71.3% of Imperial Oil shares are owned by company insiders. Comparatively, 32.0% of Cenovus Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Cenovus Energy has a net margin of 12.37% compared to Imperial Oil's net margin of 7.81%. Cenovus Energy's return on equity of 21.02% beat Imperial Oil's return on equity.

Company Net Margins Return on Equity Return on Assets
Imperial Oil7.81% 18.76% 9.78%
Cenovus Energy 12.37%21.02%7.58%

Imperial Oil has higher earnings, but lower revenue than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Imperial Oil, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Imperial OilC$50.47B1.74C$4.85BC$8.5621.18
Cenovus EnergyC$58.03B1.40C$3.69BC$3.6012.20

Summary

Cenovus Energy beats Imperial Oil on 12 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Cona Resources?

Cona Resources (TSE:CONA) and Cenovus Energy (TSE:CVE) are both energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, media sentiment, earnings, profitability, valuation, analyst recommendations, institutional ownership and risk.

Cenovus Energy has a net margin of 12.37% compared to Cona Resources' net margin of 0.00%. Cenovus Energy's return on equity of 21.02% beat Cona Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Cona ResourcesN/A N/A N/A
Cenovus Energy 12.37%21.02%7.58%

50.3% of Cenovus Energy shares are held by institutional investors. 32.0% of Cenovus Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Cenovus Energy has higher revenue and earnings than Cona Resources. Cona Resources is trading at a lower price-to-earnings ratio than Cenovus Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cona ResourcesC$329.45M0.00-C$131.31M-C$1.30N/A
Cenovus EnergyC$58.03B1.40C$3.69BC$3.6012.20

Cona Resources pays an annual dividend of C$0.08 per share. Cenovus Energy pays an annual dividend of C$0.82 per share and has a dividend yield of 1.9%. Cona Resources pays out -6.2% of its earnings in the form of a dividend. Cenovus Energy pays out 22.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Cenovus Energy has a consensus target price of C$44.44, indicating a potential upside of 1.20%. Given Cenovus Energy's stronger consensus rating and higher probable upside, analysts plainly believe Cenovus Energy is more favorable than Cona Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cona Resources
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.07

In the previous week, Cenovus Energy had 7 more articles in the media than Cona Resources. MarketBeat recorded 7 mentions for Cenovus Energy and 0 mentions for Cona Resources. Cenovus Energy's average media sentiment score of 0.80 beat Cona Resources' score of 0.00 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Overall Sentiment
Cona Resources Neutral
Cenovus Energy Positive

Summary

Cenovus Energy beats Cona Resources on 16 of the 17 factors compared between the two stocks.

How does Cenovus Energy compare to Biox?

Biox (TSE:BX) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, analyst recommendations, valuation, institutional ownership, dividends, risk and media sentiment.

0.0% of Biox shares are owned by institutional investors. Comparatively, 50.3% of Cenovus Energy shares are owned by institutional investors. 32.0% of Cenovus Energy shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Cenovus Energy has a net margin of 12.37% compared to Biox's net margin of 0.00%. Cenovus Energy's return on equity of 21.02% beat Biox's return on equity.

Company Net Margins Return on Equity Return on Assets
BioxN/A N/A N/A
Cenovus Energy 12.37%21.02%7.58%

Biox pays an annual dividend of C$0.46 per share and has a dividend yield of 2.6%. Cenovus Energy pays an annual dividend of C$0.82 per share and has a dividend yield of 1.9%. Biox pays out 112.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cenovus Energy pays out 22.8% of its earnings in the form of a dividend.

Cenovus Energy has higher revenue and earnings than Biox. Cenovus Energy is trading at a lower price-to-earnings ratio than Biox, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BioxC$13.61B11.20C$3.47BC$0.4143.92
Cenovus EnergyC$58.03B1.40C$3.69BC$3.6012.20

Biox has a beta of 2.147917, indicating that its stock price is 115% more volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.1611, indicating that its stock price is 84% less volatile than the broader market.

Cenovus Energy has a consensus price target of C$44.44, indicating a potential upside of 1.20%. Given Cenovus Energy's stronger consensus rating and higher possible upside, analysts clearly believe Cenovus Energy is more favorable than Biox.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Biox
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.07

In the previous week, Cenovus Energy had 6 more articles in the media than Biox. MarketBeat recorded 7 mentions for Cenovus Energy and 1 mentions for Biox. Cenovus Energy's average media sentiment score of 0.80 beat Biox's score of 0.00 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Biox
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cenovus Energy
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Cenovus Energy beats Biox on 15 of the 19 factors compared between the two stocks.

How does Cenovus Energy compare to Enbridge?

Enbridge (TSE:ENB) and Cenovus Energy (TSE:CVE) are both large-cap energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, risk, analyst recommendations, media sentiment, profitability, institutional ownership, earnings and valuation.

Enbridge has higher revenue and earnings than Cenovus Energy. Cenovus Energy is trading at a lower price-to-earnings ratio than Enbridge, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EnbridgeC$83.49B1.82C$6.63BC$2.5926.93
Cenovus EnergyC$58.03B1.40C$3.69BC$3.6012.20

In the previous week, Enbridge had 3 more articles in the media than Cenovus Energy. MarketBeat recorded 10 mentions for Enbridge and 7 mentions for Cenovus Energy. Cenovus Energy's average media sentiment score of 0.80 beat Enbridge's score of 0.21 indicating that Cenovus Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Enbridge
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
3 Very Negative mention(s)
Neutral
Cenovus Energy
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

35.1% of Enbridge shares are held by institutional investors. Comparatively, 50.3% of Cenovus Energy shares are held by institutional investors. 0.1% of Enbridge shares are held by insiders. Comparatively, 32.0% of Cenovus Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Enbridge pays an annual dividend of C$3.83 per share and has a dividend yield of 5.5%. Cenovus Energy pays an annual dividend of C$0.82 per share and has a dividend yield of 1.9%. Enbridge pays out 147.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cenovus Energy pays out 22.8% of its earnings in the form of a dividend.

Enbridge currently has a consensus price target of C$76.75, indicating a potential upside of 10.02%. Cenovus Energy has a consensus price target of C$44.44, indicating a potential upside of 1.20%. Given Enbridge's higher probable upside, equities analysts plainly believe Enbridge is more favorable than Cenovus Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Enbridge
0 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.42
Cenovus Energy
0 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
3.07

Cenovus Energy has a net margin of 12.37% compared to Enbridge's net margin of 7.28%. Cenovus Energy's return on equity of 21.02% beat Enbridge's return on equity.

Company Net Margins Return on Equity Return on Assets
Enbridge7.28% 10.01% 3.07%
Cenovus Energy 12.37%21.02%7.58%

Enbridge has a beta of 0.740128, indicating that its stock price is 26% less volatile than the broader market. Comparatively, Cenovus Energy has a beta of 0.1611, indicating that its stock price is 84% less volatile than the broader market.

Summary

Cenovus Energy beats Enbridge on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CVE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CVE vs. The Competition

MetricCenovus EnergyOil, Gas & Consumable Fuels IndustryEnergy SectorTSE Exchange
Market CapC$81.04BC$11.26BC$9.85BC$12.56B
Dividend Yield2.00%11.20%11.47%6.23%
P/E Ratio12.2016.6020.0938.31
Price / Sales1.40553.05453.1410.23
Price / Cash13.7139.7936.1482.29
Price / Book2.393.273.074.76
Net IncomeC$3.69BC$5.27BC$4.33BC$299.09M
7 Day Performance-3.26%-0.50%-0.69%-0.56%
1 Month Performance3.37%5.46%5.22%4.73%
1 Year Performance92.25%33.38%35.04%29.84%

Cenovus Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CVE
Cenovus Energy
3.5999 of 5 stars
C$43.91
-0.1%
C$44.44
+1.2%
+92.3%C$81.04BC$58.03B12.206,000
SU
Suncor Energy
3.4325 of 5 stars
C$93.30
-1.0%
C$97.69
+4.7%
+60.5%C$109.13BC$60.73B12.4616,600
IMO
Imperial Oil
1.7282 of 5 stars
C$189.81
-0.1%
C$143.25
-24.5%
+45.5%C$91.79BC$50.47B22.175,300
CONA
Cona Resources
N/AN/AN/AN/AC$256.56MC$329.45MN/AN/A
BX
Biox
N/AC$17.92
flat
N/AN/AC$153.46BC$13.61B44.194,700

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This page (TSE:CVE) was last updated on 8/30/2026 by MarketBeat.com Staff.
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